Inventory Optimization Analyst II

Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member’s contributions and offers a supportive environment for career development. Come, stay, and grow with us.

This analyst assists in the application of statistical and qualitative methods to optimize inventory settings, policies and practices. In addition, the person in this position has the opportunity to work with the organization to communicate and validate strategic inventory assortment and working capital objectives.

Duties include, but are not limited to: 

• Apply statistical analysis and business knowledge to optimize inventory parameter setting.
• Contribute to inventory management policies and processes and support implementation across locations.
• Apply policies to determine and maintain store stock assortments.
• Contribute to standards to track and monitor inventory results relative to objectives.
• Coordinate with supply and demand planning to update key inventory parameters that drive the planning and execution systems.

Requires a bachelor's degree or an equivalent combination of education and experience. Requires at least 1 year related experience. A master's degree or equivalent is preferred.

Broad business acumen. Thorough understanding of inventory optimization analysis and best practices. Ability to apply appropriate statistical methods to large data sets. Understands how decisions impacts sales, attrition, working capital, and costs. Expert understanding of Supply Chain Management principles. Excellent decision-making and problem-solving skills. Excellent continuous improvement skills. Strong interpersonal and communication skills. Ability to coordinate a team environment. Proficient in standard Microsoft Office applications (Word, Excel, PowerPoint, and Access). Working knowledge of SAP ECC. Working knowledge of SAP APO or equivalent. Able to configure basic parameters contained within inventory optimization technology toolsets (SO99, i2, Manugistics, etc.). Basic understanding of standard statistical technology packages (SPSS, Minitab, etc.). Understands basic concepts of multi-echelon inventory optimization; measures output of optimization. May suggest changes. Understands lot size optimization mathematical models; able to measure output of configuration and may suggest changes.

Compensation: This is a salaried exempt role. The starting salary range for this role and market is between $70,400 - $92,400 annually. Factors that may affect starting salary include geography/market and the skills, education, experience, and other qualifications of the successful candidate. Employees in this role are also eligible for an annual bonus in accordance with the terms of the Company’s applicable plan. Employees in this role are not eligible for overtime.

Benefits: Subject to applicable eligibility requirements, the following benefits are offered for this role: tuition reimbursement; medical, dental, and vision insurance; prescription drug coverage; 401(k) retirement plan; short-term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long-term disability insurance.

Depending on date of hire, and subject to applicable eligibility requirements, new employees in this role also receive up to: 12 days paid time off, 2 paid well-being days, 1 paid volunteer day, 12 paid holidays, and 3 floating holidays per year.

Our Culture: At Lennox, our Core Values of Integrity, Respect & Excellence are ingrained in the fabric of the organization. They define our culture – which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team member’s contributions. As an equal opportunity employer, we are committed to recruit, develop, and retain talented individuals from a wide range of backgrounds, ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox, you’ll take pride in our brands, knowing you are part of something special. Come, stay, and grow with us! 

Disclaimers: The compensation and benefits information is accurate as of the date of this posting. Lennox reserves the right to modify this information at any time, with or without notice, subject to applicable law.